The production value of food and beverage services in Finland demonstrated a consistent growth trend from 2013 to 2019, with a significant drop in 2020 due to global disruptions. The value rebounded in 2021 and continued to grow through 2023, reaching 6.31 billion Euros in 2023. From 2023, the forecast data indicates a steady growth, with year-on-year variations gradually stabilizing. The CAGR for the past five years from 2023 stands at 2.56%. Moving forward, the 5-year CAGR is expected to moderate at 1.7%.
Future trends to watch for include:
- Technological advancements in food and beverage services to boost efficiency and consumer experience.
- Increased focus on sustainability and locally sourced products.
- Potential impacts from global economic fluctuations and consumer behavior shifts.
- Growth opportunities in digital and delivery services within the sector.